Flextronics International Ltd. (FLEX) Receives Price Target

Flextronics International Ltd. (FLEX) : The most positive equity analysts on Flextronics International Ltd. (FLEX) expects the shares to touch $16, whereas, the least positive believes that the stock will trade at $10 in the short term. The company is covered by 9 Wall Street Brokerage Firms. The average price target for shares are $13.72 with an expected fluctuation of $1.82 from the mean.

Flextronics International Ltd. (FLEX) : 8 analysts are covering Flextronics International Ltd. (FLEX) and their average rating on the stock is 1.38, which is read as a Strong Buy. 6 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Flextronics International Ltd. (FLEX) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.


Flextronics International Ltd. (NASDAQ:FLEX): The stock opened at $13.21 on Thursday but the bulls could not build on the opening and the stock topped out at $13.27 for the day. The stock traded down to $13.07 during the day, due to lack of any buying support eventually closed down at $13.21 with a loss of -0.23% for the day. The stock had closed at $13.24 on the previous day. The total traded volume was 2,142,238 shares.

Flextronics International Ltd. (Flextronics) is a Singapore-based provider of global supply chain solutions. The Company designs, builds, ships and serves packaged electronic products for its original equipment manufacturers (OEMs) in various groups. The Company offers a range of design and engineering services that relate to manufacturing (including enclosures, metals, plastic injection molding, precision plastics, machining, and mechanicals), system integration and assembly and test services, materials procurement, inventory management, logistics and after-sales services (including product repair, warranty services, re-manufacturing and maintenance), supply chain management software solutions and component product offerings (including rigid and flexible printed circuit boards and power adapters and chargers).

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